According to CoinGlass data, the total liquidation amount across the entire network in the past 12 hours reached $585 million, with long positions liquidated for $498 million and short positions liquidated for $86.4012 million. Additionally, BTC liquidations amounted to $206 million, ETH liquidations to $202 million, totaling approximately 69.7% of the entire network's liquidation volume in the past 12 hours. [Odaily]